Search Results for: EBS
The Rise of Robo-Advisors: Robo-advisor firm raises $100 Million in Funding
March 31st, 2016
If there was any doubt about the future of robo-advisors, the latest announcement from online advisor Betterment may quash it: The company says it has raised $100 million from investors in its latest round of funding. That’s the biggest round ...
Bitcoin Exchange Shuts Down its operations
March 31st, 2016
Canadian bitcoin exchange CoinTrader has shut down its operations. By the look of things, there is no indication that the exchange will resurface at a later time, either. CoinTrader, a Canadian bitcoin exchange that – in addition to its ...
Deutsche Bank agrees to pay $4 mln for trading violations
March 31st, 2016
A Deutsche Bank AG unit will pay more than $4 million to settle allegations that it failed to properly report data on millions of options trades, according to a Financial Industry Regulatory Authority (FINRA) document. The alleged conduct between ...
Overall complaints fell by 1.4%, driven by a reduction in complaints related to current accounts and savings accounts. PPI complaints rise
March 31st, 2016
Financial services firms received 2.11 million new complaints between July and December 2015, according to new complaints data published today by the Financial Conduct Authority. Overall, there was a decrease of 1.4% in the number of complaints compared to ...
Asia markets mixed; Nikkei up 0.4%, Kospi down 0.5%
March 31st, 2016
Asia markets traded mixed on Thursday, with some markets partially retracing their advances following Federal Reserve chair Janet Yellen’s cautious stance on the path of tightening earlier this week. Japan’s Nikkei 225 wavered between gains and losses before trading up 0.41 percent, while ...
CySec imposed an Administrative Fine of €235.000 on a Cyprus Investment Firm
March 31st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on January 18, 2016, the Commission decided to impose a total administrative fine of €235.000 to the CIF Ouroboros Derivatives Trading ...
Hackers Breach Law Firms, Including Cravath, Weil Gotshal
March 30th, 2016
Federal investigators explore whether cybercriminals stole confidential information to be used for insider trading Hackers broke into the computer networks at some of the country’s most prestigious law firms, and federal investigators are exploring whether they stole confidential information ...
FXTM launches Persian site & adds 4 languages to MyFXTM
March 29th, 2016
Holding true to our values as a global broker with a truly local touch, FXTM has proudly introduced five new languages to its services! Persian has now joined the growing number of official languages for the FXTM website, while the ...
IBM blockchain leader Jerry Cuomo using ‘shadowchains’ to launch moonshots
March 28th, 2016
IBM has been building momentum behind blockchain by championing the Linux Foundation’s Hyperleder Project and creating its own Open Blockchain (OBC) among other things. IBM’s vice president of blockchain Jerry Cuomo, who recently gave testimony before US Congress about ...
Icap Plc: Last update on Tullett Prebon plc
March 28th, 2016
Further to the announcements by ICAP on 11 November 2015 relating to ICAP’s agreement of definitive terms to dispose of its global hybrid voice broking and information business to Tullett Prebon plc (the “Transaction”) and on 1 March 2016 ...